Revenue and taxation; Oklahoma Film Enhancement Rebate Program; faith-based films; effective date.

Summary

The bill updates the Oklahoma Film Enhancement Rebate Program, raising the standard rebate to 35% of qualified expenses and adding a 2% bonus for music created by Oklahoma residents. It lowers the budget threshold for faith‑based productions costing $2 million or less, allowing them to qualify without meeting the usual $50,000 minimum. The changes aim to attract more film projects, especially faith‑based ones, to the state.

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